Send or receive overseas payments the easy way
Whether youï¿½re paying for an end of year holiday, sending monetary gifts to friends and family overseas, or receiving a monetary gift from overseas, you need to be sure that youï¿½re getting the best from your international payment service.
With Central Coast Credit Union, in association with Western Union Business Solutions, youï¿½ve got an easy and affordable way to send and receive money overseas this festive season. We provide a timely and reliable way of transferring money between accounts.
Competitive exchange rates
Lock in an exchange rate thatï¿½s more competitive than most banks1
Timely and reliable
Payments usually processed within 2-3 business days3
Send to over 200 countries and territories4
Choose from more than 130 currencies4
Send money overseas now CLICK HERE
Receive an overseas payment CLICK HERE
You can also use Foreign Cheques and Drafts which are a convenient way to make overseas payments, or send and receive money when the recipientï¿½s bank account is unknown.
Visit your nearest branch or call 02 4350 5255.
1 Western Union Business Solutions (ï¿½WUBSï¿½) conducts periodic rates comparisons, the most recent was derived from the websites of 4 major Australian financial institutions on 04 October 2017.
2 For incoming international payments, WUBS processes over 25 currencies fee-free however some exotic or other currencies may attract fees. In some instances, intermediary banks may levy additional fees and/or charges. For outgoing international payments, please note that fees, charges, terms and conditions apply and may vary depending upon the financial product.
3 Payment are usually received by the beneficiary within 2 to 3 business days after receipt of funds by WUBS in accordance with payment instructions. There is no delivery period guarantee. Some currencies may take longer than others to process.
4 Any financial products described on this page (other than Drafts) are provided by Central Coast Credit Union. The relationship relating to these financial products (other than Drafts) is solely between you and Central Coast Credit Union. WUBS does not give you any advice, general, personal or otherwise. Any advice provided, is provided by Central Coast Credit Union or your adviser.
Central Coast Credit Union has entered into an agreement with Western Union Business Solutions (Australia) Pty Ltd (ACN 150 129 749; AFSL 404092) (ï¿½WUBSï¿½), to engage WUBSï¿½s services in fulfilling these financial products. If you are seeking to acquire Drafts, it is important for you to consider the Product Disclosure Statement (ï¿½PDSï¿½) and any other relevant WUBS documents before you decide whether or not that financial product is right for you. The Drafts PDS is available from Central Coast Credit Union or on the compliance section of the WUBS website https://secure.westernunion.com/docs/pds/en-au/tgbp/Drafts PDS Brochure.pdf WUBS is an operating division of the Western Union Company.
A Telegraphic Transfer (also known as a ï¿½ Wireï¿½ ) is an electronic transfer of funds directly credited to a beneficiaryï¿½s overseas bank
account. A choice of more than 130 currencies is offered ï¿½ click here for more details.
ï¿½ In most cases a TT is the quickest way to send funds abroad (a TT will normally take one to two business days to reach the beneficiary)
ï¿½ Sending a TT in the beneficiaryï¿½s currency is usually more cost effective and helps ensure the funds are credited more quickly,
as the payment can go ï¿½ straight throughï¿½ ï¿½ click here for more details.
ï¿½ You will need to provide full details of the receiverï¿½s bank account, including their IBAN (International Bank Account Number) if
they are in Europe.
ï¿½ To comply with Australian Government regulations you must also provide the beneficiaryï¿½s full street address.
ï¿½ Please note that TTï¿½s are sent via a network of correspondent banks, which sometimes levy a small handling charge on your
payment. Any such fees are totally out of [Name of Financial Institution] and Western Union Business Solutions control. Given
that a network of banks is used to complete your telegraphic transfer, the time it takes for your payment to be credited cannot
If you have decided that a TT is the payment method for you, complete and sign an order form and send it to email@example.com.
To download a copy of our order form please CLICK HERE